{"id":1006612,"date":"2026-05-04T09:42:05","date_gmt":"2026-05-04T04:12:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1006612"},"modified":"2026-05-04T09:55:18","modified_gmt":"2026-05-04T04:25:18","slug":"is-the-agr-overhang-over-heres-why-citi-has-turned-bullish-on-vodafone-idea-with-a-buy-call","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/04\/is-the-agr-overhang-over-heres-why-citi-has-turned-bullish-on-vodafone-idea-with-a-buy-call\/","title":{"rendered":"Is the AGR overhang over? Here&#8217;s why Citi has turned bullish on Vodafone Idea with a buy call"},"content":{"rendered":"<p>Vodafone Idea may finally be moving past one of the biggest overhangs in its long-running turnaround story, with Citi saying the closure of the adjusted gross revenue (AGR) chapter has materially improved the telecom operator&#8217;s chances of raising debt and completing its network expansion. <\/p>\n<p>In a fresh note, Citi has Vodafone Idea to &#8220;Buy-High Risk&#8221; and set a target price of \u20b914, implying an upside of over 37%. The brokerage said the long-pending AGR uncertainty, which had weighed on lender confidence and delayed capital raising, has now largely been resolved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vodafone Idea may finally be moving past one of the biggest overhangs in its long-running turnaround story, with Citi saying the closure of the adjusted gross revenue (AGR) chapter has materially improved the telecom operator&#8217;s chances of raising debt and completing its network expansion. In a fresh note, Citi has Vodafone Idea to &#8220;Buy-High Risk&#8221; and set a target price of \u20b914, implying an upside of over 37%. The brokerage said the long-pending AGR uncertainty, which had weighed on lender confidence and delayed capital raising, has now largely been resolved.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1006612","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1006612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1006612"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1006612\/revisions"}],"predecessor-version":[{"id":1006628,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1006612\/revisions\/1006628"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1006612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1006612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1006612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}